Business

Peel Hunt maintained it with "Hold" rating and GBX 350 target in Thursday, May 4 report. BP plc has a consensus rating of "Buy" and a consensus target price of GBX 517.05 ($6.73). Natl Bank Of America Corp De owns 1.31M shares for 0.01% of their portfolio. Moreover, Darsana Capital Partners Lp has 5.86% invested in the company for 1.40 million shares.

British Airways said Sunday it was recovering from a technology failure, but the carrier was still hobbled by the cancellation and delays of hundreds flights at London's airports during a holiday weekend flights. British Airways staff told customers to find hotels on their own for reimbursement later by the airline. The cost of compensating passengers, refunds, additional staffing and lost revenue could total between £80 million ($102 million) to £100 million ($138 million), according to ...

Most "long-haul flights" set to land in London on Sunday are expected to arrive as scheduled, the airline said. BA cancelled all its flights out of the two airports on Saturday after the IT failure, which shut down all of the carrier's check-in and operational systems and affected call centres and its website.

Fiat Chrysler Automobiles NV had a net margin of 1.63% and a return on equity of 14.89%. The business's quarterly revenue was up 4.3% compared to the same quarter a year ago. These ratios are important while doing valuation of the company or the shares of the company. AQR Capital Management LLC boosted its position in Fiat Chrysler Automobiles NV by 56.9% in the first quarter.

Valuations may remain high in short term, they feel. The scrip closed 12 per cent down at Rs 379 apiece. Tech Mahindra shares declined to Rs 356.65 on the National Stock Exchange (Rs 357.60 on BSE), and are now at Rs 382.50, down almost 11% from previous closing price.

Tzanakopoulos said Athens and "several" of its eurozone partners turned down a proposed deal late Monday that was deemed "incompatible" with its targets. A deal would not give certainty that Greece would be included in QE, which remains a decision for the European Central Bank. However, ministers concluded that Athens still had to take some further measures.